The battle between Jimoh Ibrahim and Union Bank of Nigeria over N50 billion debt has taken a fresh dimension as a Federal High Court Judge in Lagos, Justice Abdulazeez Anka has ordered Union Bank of Nigeria to nominate a chartered accountant within seven days to carry out forensic audit on the statement of accounts in the N50billion loan allegedly granted to Mr. Jimoh Ibrahim by the bank. The accountant is to work with two other accounting firms nominated by Asset Management Corporation of Nigeria (AMCON) and Ibrahim.

Justice Anka had on July 11 discharged an interim order granted to Asset Management Corporation of Nigeria to take over some assets belonging, to Ibrahim. Consequently, the defendants appointed the firm of Adewale Folowosele & Associate to meet with those that will be nominated by AMCON and Union Bank respectively.

However, at the resumed hearing of the suit recently lawyer to Asset Management Corporation of Nigeria (AMCON), Yusuf Ali (SAN), informed the court that AMCON had nominated KPMG but Union Bank was yet to present its nomination.